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The company is good, the atmosphere and staff are also good and I want to work in this company for a long time.
Annual salary range
3 - 8 years exp.
₹2.5
Lakhs - ₹4.5
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary31% less than the average Branch Development Manager Salary in Insurance Companies for 3 - 8 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Branch Development Manager Salary
3 - 8
years
exp.
(10
salaries)
|  ₹2.5 L/yr - ₹4.5 L/yr |
Login to view exact salary
| |
Sales & Business Development
Branch Development Manager Salary
3 - 6
years
exp.
(7
salaries)
| ₹2.6 L/yr - ₹4.5 L/yr |
Companies similar to SBI General Insurance for Branch Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Bajaj Allianz General Insurance Branch Development Manager Salary
5 - 11 years exp. (4 salaries) | ₹5.2 L/yr - ₹6.5 L/yr 
69%
more | |
 SBI Life Insurance Company Branch Development Manager Salary
4 - 9 years exp. (47 salaries) | ₹2.8 L/yr - ₹5.8 L/yr
22%
more | |
Login to view exact salary
| ||
 HDFC Life Branch Development Manager Salary
3 - 7 years exp. (11 salaries) | ₹2.4 L/yr - ₹4 L/yr 
10%
less | |
 Care Health Insurance Branch Development Manager Salary
10 - 14 years exp. (8 salaries) | ₹6.8 L/yr - ₹8.1 L/yr
102%
more | |
 Max Life Insurance Branch Development Manager Salary
4 - 8 years exp. (5 salaries) | ₹5.2 L/yr - ₹7 L/yr
76%
more | |
 Aditya Birla Sun Life Insurance Branch Development Manager Salary
5 - 12 years exp. (5 salaries) | ₹3.6 L/yr - ₹4.5 L/yr
12%
more | |
 Bajaj Allianz Life Insurance Branch Development Manager Salary
1 - 16 years exp. (5 salaries) | ₹4.5 L/yr - ₹6 L/yr
53%
more | |
 Shriram Life Insurance Branch Development Manager Salary
5 - 6 years exp. (4 salaries) | ₹2.1 L/yr - ₹3.3 L/yr
19%
less | |
 Aditya Birla Health Insurance Co Branch Development Manager Salary
3 - 6 years exp. (4 salaries) | ₹3.9 L/yr - ₹4.5 L/yr
21%
more | |
 Reliance Nippon Life Insurance Branch Development Manager Salary
3 - 12 years exp. (3 salaries) | ₹4 L/yr - ₹5 L/yr
34%
more | |
 Cholamandalam MS General Insurance Branch Development Manager Salary
3 - 6 years exp. (3 salaries) | ₹3 L/yr - ₹3.8 L/yr
5%
less | |
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| ||
Branch Development Manager salary at SBI General Insurance ranges between ₹2.5
Lakhs
to ₹4.5
Lakhs
per year for employees with experience between 3 years to 8 years. Salary
estimates are based on
27 latest salaries received
from various employees of SBI General Insurance.
Latest annual salaries shared by SBI General Insurance Branch Development Manager
1w ago
7
years
exp.
3mo ago
5
years
exp.
5mo ago
5
years
exp.
5mo ago
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years
exp.
6mo ago
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exp.
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years
exp.
7mo ago
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exp.
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exp.
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years
exp.
1y ago
5
years
exp.
Experience wise SBI General Insurance Branch Development Manager salaries
Last Updated: 23 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| 3 years (6 salaries) |
₹2.5
L/yr
- ₹4
L/yr
|
| 4 years (9 salaries) |
₹2.5
L/yr
- ₹4.2
L/yr
|
Login to view exact salary
| |
| 5 years (6 salaries) |
₹2.5
L/yr
- ₹4.1
L/yr
|
| 6 years (3 salaries) |
₹1.4
L/yr
- ₹4.5
L/yr
|
| 7 years (AmbitionBox Estimate) |
₹1.4
L/yr
- ₹4.5
L/yr
|
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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SBI General Insurance Branch Development Manager Salary FAQs
What is the salary of Branch Development Manager at SBI General Insurance?
Branch Development Manager salary at SBI General Insurance in India ranges between ₹2.5 Lakhs to ₹4.5 Lakhs for experience between 3 years to 8 years. According to our estimates it is 31% less than the average Branch Development Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of SBI General Insurance India.
How does the salary of a Branch Development Manager at SBI General Insurance India compare with the average salary range for this job?
The average salary of a Branch Development Manager at SBI General Insurance is 31% less than the average salary of a Branch Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI General Insurance to a Branch Development Manager in India?
- Care Health Insurance Branch Development Manager Salary - ₹6.8 Lakhs to ₹8.1 Lakhs per year
- Max Life Insurance Branch Development Manager Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
- Bajaj Allianz General Insurance Branch Development Manager Salary - ₹5.2 Lakhs to ₹6.5 Lakhs per year
- Bajaj Allianz Life Insurance Branch Development Manager Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
- Reliance Nippon Life Insurance Branch Development Manager Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Branch Development Manager in companies similar to SBI General Insurance in India?
- SBI Life Insurance Company Branch Development Manager Salary - ₹2.8 Lakhs to ₹5.8 Lakhs per year
- Aditya Birla Health Insurance Co Branch Development Manager Salary - ₹3.9 Lakhs to ₹4.5 Lakhs per year
- Aditya Birla Sun Life Insurance Branch Development Manager Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
- Cholamandalam MS General Insurance Branch Development Manager Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
- HDFC Life Branch Development Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Branch Development Manager at SBI General Insurance in India?
The estimated take-home salary of a Branch Development Manager at SBI General Insurance ranges between ₹25,035 per month to ₹26,473 per month in India. The take-home salary calculation is based on the average SBI General Insurance Branch Development Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Branch Development Manager at SBI General Insurance?
According to AmbitionBox, 38% of the SBI General Insurance Branch Development Managers reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.
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SBI General Insurance Branch Development Manager Salaries by Location
- SBI General Insurance Branch Development Manager salaries in Kolkata
- SBI General Insurance Branch Development Manager salaries in Dehradun
- SBI General Insurance Branch Development Manager salaries in Mumbai
- SBI General Insurance Branch Development Manager salaries in Kanpur
- SBI General Insurance Branch Development Manager salaries in Nizamabad
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SBI General Insurance Branch Development Manager salary
in
India
ranges between ₹2.5
Lakhs to ₹4.5
Lakhs with an average annual salary of
₹. Salary estimates are based on
27
SBI General Insurance latest salaries received from various employees of
SBI General Insurance.